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Property and equipment - Property and Equipment Table (Details) (USD $)	Sep. 30, 2012	Jun. 30, 2012
Cost
Computer equipment	$ 1,409	$ 1,409
Office equipment and furnishings	10,705	6,136
Leasehold improvements	12,652	12,652
Gross cost	24,766	20,197
Accumulated depreciation	(5,453)	(2,413)
Net book value	$ 19,313	$ 17,784

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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